Nonprofit · EIN 62-1125122
CARTER STREET CORPORATION
Tax-exempt · CHATTANOOGA, TN 37402
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $12,953,554 | $11,139,447 | $1,814,107 | $21,107,628 | $7,288,239 | $13,819,389 |
| June 30, 2024 | 990 | $12,174,300 | $10,258,192 | $1,916,108 | $19,447,760 | $7,442,478 | $12,005,282 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $300,000
- of which government grants
- $300,000
- Program service revenue
- $12,188,351
- Investment income
- $465,203
- Net gain from sales of assets
- -$586
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $333,240
- Other salaries and wages
- $1,965,090
- Salaries, compensation and benefits (total)
- $2,675,001
- Professional fundraising fees
- $0
- Legal fees
- $14,496
- Accounting fees
- $15,000
- Occupancy
- $979,648
- Travel
- $18,854
- Depreciation
- $984,327
- Program services (functional)
- $9,152,116
- Management and general (functional)
- $1,987,331
Balance sheet and other
- Total assets, start of year
- $19,447,760
- Total assets, end of year
- $21,107,628
- Total liabilities, end of year
- $7,288,239
- Net assets, end of year
- $13,819,389
- Land, buildings and equipment
- $8,002,558
- Gross receipts
- $12,954,140
- Employees
- 66
- Volunteers
- 0
- Year formed
- 1981
- State of legal domicile
- TN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MIKE SHUFORD | EXECUTIVE DIRECTOR Officer | 40 | $164,368 | $18,920 |
| JENNIFER DILLS | DIRECTOR OF FINANCE Officer | 40 | $81,125 | $30,193 |
| EVANN FREEMAN | ASSISTANT SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| MALCOLM HARRIS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| HICKS ARMOR | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| WILLIAM B RAINES JR | VICE CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| ANNE WILKINS | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| CHRIS CRIMMINS | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| CRAIG FULLER | DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MIKE SHUFORD | EXECUTIVE DIRECTOR Officer | 40 | $146,689 | $17,227 |
| JENNIFER DILLS | DIRECTOR OF FINANCE Officer | 40 | $73,664 | $28,769 |
| EVANN FREEMAN | ASSISTANT SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| MALCOLM HARRIS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| HICKS ARMOR | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| WILLIAM B RAINES JR | VICE CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| ANNE WILKINS | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| CHRIS CRIMMINS | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| CRAIG FULLER | DIRECTOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1 CARTER PLZ, CHATTANOOGA, TN 37402-5091
- In care of
- % A FRED REBMAN III
- Principal officer (990 for 2024)
- SAM VOISIN, ONE CARTA PLAZA, CHATTANOOGA, TN 37402
- Signed the 990
- SAM VOISIN, EXECUTIVE DIRECTOR
- Phone
- (423) 756-0001
- Return prepared by
- JOHNSON HICKEY & MURCHISON PC
Mission
ENCOURAGE ECONOMIC DEVELOPMENT
Program accomplishments
- THE ORGANIZATION OWNS AND MANAGES A CONVENTION CENTER FOR THE PURPOSE OF ENCOURAGING THE ECONOMIC DEVELOPMENT OF CHATTANOOGA AND HAMILTON COUNTY.Expenses $8,954,070 · revenue $11,362,148
- THE ORGANIZATION OWNS AND MANAGES A PARKING GARAGE FOR THE PURPOSE OF ENCOURAGING ECONOMIC DEVELOPMENT OF CHATTANOOGA AND HAMILTON COUNTY.Expenses $198,046 · revenue $826,203
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 62-1125122
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1982
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S31Z)
- Assets (IRS master file)
- $21,107,628
- Income (IRS master file)
- $12,954,140
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $12,953,554 | $11,139,447 | $21,107,628 | XML |
| 990 | June 2024 | $12,174,300 | $10,258,192 | $19,447,760 | XML |
| 990 | June 2023 | $10,617,267 | $9,522,257 | $17,657,479 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 62-1125122).
Questions about CARTER STREET CORPORATION
- What is the EIN of CARTER STREET CORPORATION?
- The employer identification number (EIN) of CARTER STREET CORPORATION is 62-1125122.
- Is CARTER STREET CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
- Are donations to CARTER STREET CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CARTER STREET CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CARTER STREET CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CARTER STREET CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of CARTER STREET CORPORATION?
- The 990 for the year ended June 30, 2025 names SAM VOISIN.
- Who are the officers and directors of CARTER STREET CORPORATION?
- The 990 for the year ended June 30, 2025 lists 9 people; 2 received compensation from the organization, the highest $164,368 (MIKE SHUFORD, EXECUTIVE DIRECTOR).
- How much revenue does CARTER STREET CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $12,953,554, expenses of $11,139,447 and total assets of $21,107,628 at year end.
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All nonprofits in CHATTANOOGA · Tennessee · Community improvement and capacity building